According to crypto.news, Bitcoin (BTC) soared over 8.5% in the past week to $124,128 on Friday morning in Asia, setting a shiny new all-time high. It’s now hovering around $123,197, still up 32% since the start of the year and over 62% from its lowest point this year. Not bad for a digital coin, huh? 🤑
Fortunately, the vigilant custodians at Coinbase swiftly rectified the matter; they revoked the dangerous permissions and hoisted their remaining assets aboard a more secure vessel, leaving the mischievous bots to gasp in vain. Rest assured, dear readers, that no customer funds were, thankfully, compromised-although one might muse whether the same can be said for the company’s faith in their own security measures. 😂🔒
The IPO, you see, was a veritable party for the pigeons and the partridges of the investment world. Institutional and individual investors alike clinked their champagne flutes (or perhaps their crypto flasks) in unison, declaring, “We shall adopt this madness!” 🐦🎉
So here we are, folks, watching Ethereum tiptoe toward record highs as institutional money floods in like tourists at a free buffet. Meanwhile, Bybit’s latest Crypto Insights Report, cleverly titled *Ethereum at 10: A Decade of Disruption and the Road Ahead*, paints a picture of Ethereum’s future so bright, you’ll need blockchain-grade sunglasses. 😎
The US, in particular, insists developers register with FinCEN and submit to the whims of AML, CTF, and KYC-regulations as thorny as a rose in winter. Yet, for non-custodial wallets, those noble stewards of user sovereignty, this is a Sisyphean task. FinCEN’s 2019 guidance, a relic of warmer times, denies them the title of “money transmitters,” leaving them to navigate a labyrinth of compliance with nothing but a flickering candle. 🔥
USDT and USDC are basically flexing their financial muscles. Investors are apparently betting the market is going to…go up. Groundbreaking. Next you’ll tell me water is wet.
And why, you ask? Well, the bulls have been gobbling up perpetual futures like they’re Everlasting Gobstoppers, and the miners-those sly Oompa Loompas of the crypto world-have stopped hoarding their stash. Their reserves are shrinking faster than the BFG’s ears in a cold breeze, which means less selling pressure and more room for the price to zoom higher. Hooray for the plot twist! 🎉
Apparently, they scribbled something down for those nosey parkers at the SEC (that’s the Serious Eeyore Committee, if you ask me) admitting they’ve got their mitts on a few of these Bitcoin ETFs. The biggest pile of shares – 51,679 of them! – is in BlackRock’s iShares Bitcoin Trust. That’s worth a rather flashy $3 million as of June 30th. Honestly, you’d think they’d have something better to do with the money… like buying a decent chocolate factory. 🍫
On-chain data analyst ‘Yonsei_dent’ (sounds like the kind of name you whisper to a bouncer) from CryptoQuant decided to investigate whether Bitcoin’s latest bull market is less pub crawl, more chess tournament. Apparently, the Net Unrealized Profit/Loss (NUPL) indicator is screaming, “Maturity!” – which is less Madonna, more Meryl Streep. So, welcome to the era of fewer booming rallies and a vibe that feels like the WiFi’s gone slow but “it’s okay, just be patient”.
Ah, Thumzup Media Corporation, that beacon of social media marketing, has decided to dip its toes into the turbulent waters of Bitcoin mining. On the fateful day of August 13, 2025, they announced their grand plan, as if the world was waiting with bated breath. This is no small feat, my friends! Previously, they dabbled in the storage of cryptocurrencies like Bitcoin, Ethereum, and Solana, but now they wish to construct their very own mining empire. Yes, they aim to mint Bitcoin, as if it were a new currency of the realm! 💰
